3.5 Itemized Deductions/Standard Deductions: 5. Medical, Nursing Home, Special Care Expenses
Can social security tax and Medicare tax be deducted on Schedule
A, as medical insurance or anywhere else?
Social Security taxes and Medicare taxes imposed on employees are not deductible
as medical insurance or pursuant to any other provision.
If you are itemizing deductions on Schedule A, you may be able to deduct
Medicare A & B premiums paid out-of-pocket. These are considered medical
expenses and must be reduced by 7.5% of adjusted gross income.
For more information, refer to Publication 502, Medical Expenses;
and Tax Topic 502, Medical and Dental Expenses.
References:
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